What Gives? These Would-Be AI Stocks Are Falling Hard Wednesday.
The stock market has been on a roll lately, but it appeared Wednesday morning that investors would have to deal with at least a brief pause in the uptrend. Futures contracts on major market benchmarks were all down roughly half a percent in premarket trading, as market participants tried to weigh various impacts of a potential debt ceiling resolution as well as other macroeconomic factors. Investors have had a close eye on artificial intelligence (AI) stocks, largely because many of them have been performing extremely well lately.